The Iranian Minister of Petroleum Javad Owji disclosed that petrochemical companies are expected to deposit $12 billion in Iran’s domestic Forex Management Integrated System, locally known as NIMA system, by the end o...
Iran Gas Engineering and Development Company announced its decision to award the gas storage development project in Khangiran Field (Shurijeh D Reservoir) to MAPNA Group, Shana news agency reported. This project came ...
The Director of Coordination and Supervision of Operations at the National Iranian Oil Refining and Distribution Company (NIORDC) Saeed Madah Moravej announced that Iran’s refineries have witnessed a 6% increase in ou...
Iran’s Minister of Petroleum Javad Owji has announced that his government planned to invest in the upstream gas sector to boost natural gas production from Fars province’s fields to grow by 110 million cubic meters pe...
Iran, Turkmenistan, and Azerbaijan have signed a three-way agreement for gas swaps between the three countries, Shana news agency announced. According to the agreement, 1.5 to 2 billion cubic meters (bcm) of natural g...
The National Iranian Drilling Company (NIDC) has drilled and completed 46 oil and gas wells in onshore and offshore fields during the first eight months of the current Iranian Calendar year which started on March 21, ...
The National Iranian Oil Company’s (NIOC) CEO Mohsen Khojastehmehr expressed confidence that Iran’s natural gas production in winter will reach 940 million cubic meters per day (mmcm/d), Shana news agency report...
The CEO of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam announced that the production of natural gas from South Pars field has reached its peak and is expected to decline in the next four years, Shana news agen...
The production control manager of the Iranian National Petrochemical Company (NPC), Seyed Jalal Mirhashemi, announced that Iran has achieved growth in its petrochemical production, reaching 8% year-on-year (YoY) durin...
Iran is planning to barter crude oil with other raw materials, equipment and investments in order to use the revenue to finalize petroleum projects that are partially complete, according to a statement from Iranian Mi...